The United Kingdom has shelved plans to return the Chagos Islands to Mauritius, following strong opposition from US President Donald Trump, a government spokesperson said on Saturday. “We have always said we would only proceed with the deal if it has US support,” the spokesperson stated, amid reports that legislation to transfer sovereignty of the…
By Ayomide Otitoju Oando Plc has announced plans to raise $750 million in 2026 to fund an extensive drilling campaign aimed at boosting its oil output by as much as 300 percent, amid renewed investor interest in West African energy assets. The company’s Chief Executive Officer, Wale Tinubu, disclosed the plan in an interview with…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd) has disclosed that it remitted a total of N1.804 trillion to the Federation Account in February 2026, marking a significant increase from the N726 billion recorded in January. The sharp rise reflects improved revenue performance and stricter remittance practices by the state-owned oil firm….
By Ayomide Otitoju Access Holdings Plc has raised an alert over a fraudulent scheme involving individuals impersonating its Chairman, Aigboje Aig-Imoukhuede, in an attempt to lure unsuspecting members of the public into fake investment opportunities. According to the notice, the scammers created a WhatsApp group titled “Value Focus Club 60” using a Nigerian phone number…
By Ayomide Otitoju Rite Foods Limited has partnered with the Atti Theresa Foundation (ATF) to provide free medical services to residents of Ososa in Ogun State, as part of efforts to deepen community impact under its sustainability agenda. The outreach, held on March 28, 2026, delivered comprehensive healthcare services to more than 400 residents, reflecting…
By Ayomide Otitoju Applications have opened for the fifth edition of the MTN Media Innovation Programme (MIP), a fully funded certificate initiative sponsored by MTN Nigeria in partnership with the School of Media and Communication, Pan-Atlantic University. The programme, launched in 2022, is designed to strengthen capacity within Nigeria’s media landscape by equipping professionals with…
By Ayomide Otitoju Anticipation is mounting ahead of the MTN CHAMPS Grand Finale, scheduled to take place at Lekan Salami Stadium in Ibadan from April 14 to 17, 2026. The event follows earlier competitive rounds in Calabar and Jos, culminating in a four-day showcase of emerging athletic talent from across Nigeria. Participants will compete in…
Inflation in the United States rose sharply in March as higher energy prices driven by the Middle East conflict pushed up costs for consumers, according to government data released Wednesday. The US Bureau of Labor Statistics (BLS) said the Consumer Price Index (CPI) increased 3.3% year-on-year in March, up from 2.4% in the previous month….
Brazil’s annual inflation rose to 4.14% in March, driven largely by surging fuel prices linked to a global energy shock triggered by the ongoing Middle East conflict, official data showed Friday. According to the Brazilian Institute of Geography and Statistics (IBGE), gasoline prices increased by 4.59% during the month, pushing up transport costs and contributing…
